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Smartphone 'Kill Switch' Could Save Consumers $2.5 Billion Each Year

A new study from Creighton University suggests that “kill switch” technology, if able to reduce smartphone thefts, can save consumers $2.5 billion each year. William Duckworth, statistics professor at the university, found that consumers spend almost $500 million each year replacing stolen phones and about $2 billion each year buying premium cell phone insurance through wireless carriers.


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